Answer:
Governments use normative economics, and businesses use positive economics.
Explanation:
Normative economics concentrates on the importance of economic equity, or what the marketplace 'should be' or 'ought to be' whether positive economics is based on experience and cannot be confirmed or disallowed, normative economics is established on worth judgments. An example of positive economics is, an increment in tax rates eventually results in a reduction in total tax wealth. On the other hand, normative economics is, unemployment hurts an economy more than inflation.
Answer:
1.They had their won government.
2.They used roads to carry messages long distances.
Agriculture is thought to have developed independently throughout the
world, so there is not necessarily one particular group of people that
could be considered to be the first. However, of the available options
the most likley to be correct would be a) Nomads in Central Asia. The
'fertile crescent' in the East is often referred to in this respect, as
being the first place agriculture was properly developed.
Over time, the settlers who stayed were able to adapt and modify the landscape for farming.
Answer:
Currency
Explanation:
It's not certain which ancient civilization was the first to start using coin money. It's known that Ancient Greeks, Ancient Chinese, and Ancient Lydians began using coins around the beginning of the 8th century BC, at the approximately same time. There's a possibility that Pheidon, king of Argos, a Greek city, was the first ruler in the Mediterranean who officially set standards of weight and money. The picture below shows an engraving of Pheidon introducing silver coinage.
